43070 N County Road 397
About This Property
The single-level home features 2,160 square feet of living space filled with natural light and finished with all-wood flooring. An open floor plan provides flexibility, with partial partition walls currently defining one bedroom.
The cabin does require some updates, particularly in the bathrooms, which are in need of renovation. An attic space includes one of the bathroom areas, offering additional potential for redesign.
Located in a historic mountain town, the property is just 15 minutes from Buena Vista and 45 minutes from Aspen, making it a great opportunity for a getaway or investment with character and potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2026 | Listed | $400,000 | |
| Listed | |||
| Oct 17, 2025 | No longer available | - | |
| No longer available | |||
| Aug 14, 2025 | Price Decreased |
$399,000
↓ $51K
(11.3%) | |
| Price Decreased | |||
| Jan 7, 2025 | Listed by Real Broker, LLC | $450,000 | |
| Listed by Real Broker, LLC | |||
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This log cabin, built in 1948, is a historic house located on the Arkansas River in Granite, Colorado. Enjoy world-class fishing and water sports on the river from the comfort of your own backyard with a half-acre lot and a back deck that is just 20 feet from the river. With 2160 square feet of living space on one level, the cabin is flooded with natural light and features all wood flooring. Inside, there is an open floor plan with some partition walls, defining only one bedroom. The cabin does need some work, specifically in the bathrooms, which are in rough shape but can be remodeled. There is also an attic space where one of the bathrooms is located. The cabin is located in a historic town, just 15 minutes from historic Buena Vista, Colorado, and 45 minutes from Aspen. Call today for a private showing!
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| Oct 3, 2024 | Price Decreased |
$450,000
↓ $45K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017